Jim Rickards Deplorables Gold FundJim Rickards claims that Donaldl Trump will have a meeting with world leaders to return to the gold standard which will push Gold to over $10,000 oz. Don’t buy gold or gold stocks because you need to buy the deplorables Gold fund which you can only find out about by buying his newsletter(what else)? Trump took Gold Bars for payment for a whole floor of offices supposedly but don’t invest more than 10% of your money in gold. I have always thought we should have a gold standard and my father started to collect silver dollrs (not enough money for gold) when Nixon took us off the gold standard.
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Returning to a gold backed dollar would be a good thing. Having our dollar as fiat currency tied to the value of a barrel of oil is too volatile and susceptible to corruption. I have reviewed his website and think he has the right idea but my discernment told me that if it was legit why would I have to subscribe to a newsletter to invest in his Gold Fund. Something didn’t add up. Would love to here from him in response to this.
Good luck on hearing from him…When hell freezes over maybe.
Like many others, these online letters asking for subscribers are a lovely way to raise some fast cash. You can’t blame a guy/gal for wanting to raise more $$$$ if around 10,000 of us sign up, there’s another lovely $500,000 for Jim and his family….or whoever generated these letters. You can join another web based business that specializes in writing strong convincing copy to get us to “sign up”. $500,000 would be a nice earner in ANYONE’S language, yes?
Snake oil, for sure. Tell us what we want to hear, and we will believe anything, no matter how demonstrably false.